HUL appoints Pradeep Banerjee as ED, Buch to move to parent group

HUL has said that Dhaval Buch will move over to its parent group, Unilever, while Pradeep Banerjee will take over from Mr Buch

India’s largest fast moving consumer goods (FMCG) company Hindustan Unilever Ltd (HUL), has said that it will appoint Dhaval Buch as senior vice president (VP) for strategic projects-supply chain, Unilever Global, from 1 March 2010. Pradeep Banerjee will take over charge from Mr Buch as executive director-supply chain, at HUL and also the vice president-supply chain for South Asia at Unilever, from 1st February, HUL said in a release.

At present, Mr Banerjee is working as vice president, supply chain management-packaging, Unilever. He will also be a part of the management committee at HUL, the release added.

HUL is a subsidiary of Unilever, one of the world’s leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe with annual sales of €40.50 billion in 2008. Unilever holds 52% stake in HUL.


A Tata Nano in the US, with a $5,000 price tag?

The cheapest vehicle in North America costs about $9,000-$10,000. Half of that amount—over $5,000—is a possible price point for the Nano in the US, a Tata official has said

The world's cheapest car, the Tata Group's Nano that sells for $2,500 in India, may find its place in US garages at double the price when it is commercially launched there, but would still be the lowest-priced car in America.

The cheapest vehicle in North America costs about $9,000-$10,000, “so one could speculate that half of that—over $5,000—is a possible price point” for the Nano in the US and is still way cheaper than the lowest priced car, a Tata Technologies official told PTI at the Detroit Science Centre, where the car is on display for US audiences for the first time.

The official, who did not wish to be named since the decision on price would rest with Tata Motors, said the over $5,000 price range could also take into account all the necessary safety and emission requirements needed to ensure that the Nano is fit for US roads.

Tata Technologies, part of the Tata Group, has brought the 'Champagne Gold Nano LX' from Pune to Detroit for an event titled 'Better Innovation', which was attended by media and auto company officials.

It may be remembered that earlier this month at the New Delhi Auto Expo, Tata Group chief Ratan Tata had said the firm will consider launching the Nano in the US in the next three years as there is a market for the car not only in developing countries but also in developed countries.



Shadi Katyal

7 years ago

NANO can become very popular here as was once V W BUG was. TATA will not only need good distributors but also maintenance workshops and market is now open as people due to high petrol prices are looking for something like NANO which will be good for the family. We wish TATA all the luck

Rana Sugars see 27% less capacity use this crushing season

Rana Sugars has said that the actual utilisation of its cane-crushing capacity would be 27% less than its installed capacity in the ongoing crushing season because of acute shortage of cane

Sugar manufacturer Rana Sugars Ltd on Friday said that the actual utilisation of its cane-crushing capacity would be 27% less than its installed capacity in the ongoing crushing season because of acute shortage of cane.

"Due to low availability of cane, we expect the utilisation of our current cane-crushing capacity will remain underutilised in this (ongoing) season," Rana Sugars managing director Rana Inderpratap Singh told PTI in Chandigarh.

"The company will be able to crush only 11,000 tonnes of cane per day against the installed capacity of 15,000 tonnes per day," Mr Singh said.

Chandigarh-based Rana Sugars, a listed entity, has three manufacturing facilities, two in Uttar Pradesh and one in Punjab with total capacity of 15,000 tonnes of crushing per day.

Against the average crushing season of 100 days, Rana Sugars is anticipating the season to last just for 75 days. "Considering the acute shortage of cane, I do not think sugar mills will operate more than 75 days," he said.

The company is also expecting a major jump in cost of production this season in view of falling recovery rate and rising payout to cane growers for running mills.

"This year, we think our input cost will rise to Rs35-Rs36 per kg against a level of Rs23-Rs24 per kg last year," he said, adding, "It will mainly happen due to decline in recovery rate which is expected to be at 8.5% this year against 10% achieved last year," he said.


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